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Apple Is Extremely Good at Finding Tax Loopholes, Senate Investigation Finds

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SAN FRANCISCO, CA - JUNE 11: Apple CEO Tim Cook delivers the keynote address at the Apple 2012 World Wide Developers Conference (WWDC) at Moscone West on June 11, 2012 in San Francisco, California. Apple unveiled a slew of new hardware and software updates at the company's annual developer conference which runs through June 15. (Photo by Justin Sullivan/Getty Images)

The U.S. government hasn't actually accused Apple of a crime in what a Senate investigation called a "complex web" of offshore subsidiaries that it allegedly used to shield itself from paying taxes on $74 billion. But members of Congress had plenty of other colorful ways to describe the network of "gimmicks" and "schemes" the company used, which they said included setting up unmanned subsidiaries in Ireland that were basically exempt from even filing tax returns. Sen. Carl Levin said Apple was seeking "the holy grail of tax avoidance" by creating billion-dollar offshore companies "while claiming to be tax resident nowhere." But Apple CEO Tim Cook plans to deny any wrongdoing when he testifies on Tuesday.

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N.Y.U. Researchers Accused of Sharing Secrets With China for Tuition, Rent

Federal prosecutors on Monday charged three N.Y.U. researchers with commercial bribery conspiracy for sharing their work on MRI technology with a Chinese company. Only two were arrested as the third had already fled to China, Reuters reports. The lead researcher, Yudong Zhu, allegedly received $400,000, from an executive with China's United Imaging Healthcare. His assistants, Xing Yang and Ye Li, didn't receive cash, but allegedly had their tuition and rent paid for, respectively. We are way beyond briefcases full of money.

Sheldon Silver Plans to Weather This Lopez Thing With an Apology

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The calls are growing for New York State Assembly Speaker Sheldon Silver to step down after a report last week found he mishandled sexual harassment allegations against former Assemblyman Vito Lopez, who resigned Monday. And Silver has heard them, but he's not interested in complying. After all, most of the people crying for Silver's ouster are Republicans, from state GOP leader Ed Cox to the representatives from Staten Island to a group of GOP women in the Assembly. And while one Democrat, Michael Kearns, of Buffalo, has quit the Democratic conference in disgust over Sheldon's handling of the Lopez matter, Gov. Andrew Cuomo still supports him, as do myriad Democrats in Albany. But Silver can't just carry on as if nothing happened, either. So on Monday he apologized for the Lopez mess, and offered a set of new policies for handling sexual harassment cases.

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Clintons to New Yorkers: Stop Trying to Drag Us Into Your Mayoral Election

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NEW YORK - SEPTEMBER 21: Former U.S. President Bill Clinton (R) and U.S. Secretary of State Hillary Rodham Clinton smile during the annual Clinton Global Initiative (CGI) September 21, 2010 in New York City. The sixth annual meeting of the CGI gathers prominent individuals in politics, business, science, academics, religion and entertainment to discuss global issues such as climate change and the reconstruction of Haiti. The event, founded by Clinton after he left office, is held the same week as the General Assembly at the United Nations, when most world leaders are in New York City. (Photo by Mario Tama/Getty Images)

Last week sources said the Clintons wouldn't endorse Anthony Weiner if he runs for mayor for fear that Americans would suddenly remember that the president had a sex scandal of his own in the late nineties. (Was it a sexy AIM chat or something? We're a bit foggy.) Apparently Weiner and supportive wife/Hillary aide Huma Abedin aren't the only issue;  The Clintons aren't interested in choosing between Bill de Blasio, Hillary's 2000 Senate campaign manager, Christine Quinn, potentially the city's first female/openly gay mayor, and Bill Thompson, who would be the city's second black mayor. Hillary Clinton spokesman Nick Merrill tells Politico, “Secretary Clinton knows all of the candidates, she has worked with many of them, and is close with many of them, so won’t be weighing in one way or the other.”

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Metro North, Amtrak Restoring Service, Order to World by Wednesday

Metro North's patchwork of shuttle buses and trains following Friday's derailment got people to work on Monday, but it was not pretty. Riders had to make a lot of transfers, and according to The Times, Amtrak passengers slumming it on Metro North were put out by a "tidal wave of water" that sloshed through their car. Meanwhile, a Metro North rider on Twitter instructed interlopers from Amtrak to "get your bag off my seat!" Fortunately, both companies have said service will return in time for Wednesday's morning rush hour.

Tumblr CEO David Karp Reflects On His Mega-Millions

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TO GO WITH AFP STORY Tumblr-founder David Karp poses for a photo in the headquarters of the microblogging platform and social networking website on February 2, 2012 in New York. The website, which allows users to post text, images, videos, links, quotes and audio to their tumblelog, a short-form blog, was founded by Karp in 2007. AFP PHOTO/DON EMMERT (Photo credit should read DON EMMERT/AFP/Getty Images)

Yahoo CEO Marissa Mayer was, for once, not the main attraction at a high-profile tech launch. On Monday night, at a packed lounge atop the Times Square Renaissance hotel, that honor fell to David Karp, the spindly 26-year-old CEO of Tumblr, which had been acquired by Mayer's Yahoo for $1.1 billion just six or seven hours earlier. Reporters flocked to Karp, who is estimated to have made $250 million off the deal, and asked him what he was planning to do with his newfound riches.

"At some point I'm going to have to learn about philanthropy," he said, looking a bit bewildered.

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Khloé Kardashian Takes New York(’s Logo)

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"The State of New York has invested substantial time, effort and resources creating the respect and goodwill associated with the trademark," a lawyer for the Department of Agriculture wrote in a sternly worded letter to Rich Soil, the clothing company owned by Khloé, the most lovable Kardashian, and her husband Lamar Odom, threatening a lawsuit. Now that they mention it, these two logos we've never seen before and will never see again do look similar.

Impending Cicada Plague a Great Excuse to Work From Home

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A cicada appears in Fairfax Station, Virginia, U.S., on Friday, May 17, 2013. After 17 years of living underground, millions of cicadas are emerging on the U.S. East Coast. Members of brood 2 have not been seen in the region since 1996 and will be omnipresent for a few weeks - just long enough to breed and die.

They've already inundated the D.C. area, and as soon as the ground gets warm enough, the cicadas will begin to smother New York as well. It will be pretty disgusting (and loud) for a while, but there is one silver lining. "I made arrangements with my office so I can telecommute," a Virginia woman who is deathly afraid of bugs tells the Washington Post. Apparently this is an acceptable work-from-home excuse, so just tell your boss you suffer from crippling entomophobia and enjoy not showering. 

This Is What a Two-Mile-Wide Tornado Did to Moore, Oklahoma [Updated]

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Helicopter footage from local news station KFOR shows the devastation that a tornado estimated to be as wide as two miles brought this afternoon to Moore, Oklahoma, a suburb of Oklahoma City. "Like you took the house, you put it in a gigantic blender, you turned it on pulse for a couple minutes and then you just dumped it out," KFOR's helicopter pilot said, describing the destruction.

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